AMMAN - The Arab Society of
Certified Accountants (ASCA) has organized a graduation ceremony for the 2^nd
batch of graduates receiving the Certified Compliance Auditor certificate and
the first batch of the IT Audit certificate, as part of the Libyan Audit
Bureau’s Personnel Capacity Building Project, that is aligned with the
International Organization of Supreme Audit Institutions (INTOSAI) standards
and adheres to international best practices.

The ceremony was held with the
participation of Dr. Ahmed Al-Banouni, the Libyan Cultural Attaché to Jordan,
and Mr. Adel Al-Qassar, director of the General Administration of Human
Resources at the Bureau.

This collaboration, between
the Society and the Bureau, comes in line with the previously signed
cooperation agreement by both parties, in 2021, which aimed at creating and
developing professional certificates in the field of IT audit, in accordance
with the Bureau's requirements and standards set by theCertified
Information Systems Auditor (CISA) certificate in Arabic, and aligns with the
international best practices and training.

Through this collaboration,
the Bureau seeks to achieve effective oversight of public funds and ensure
their optimal utilization through a competent supervisory body equipped with
professional skills based on international standards and guidelines as set
forth by INTOSAI, in addition to the best practices in financial compliance,
performance, and information systems audit.

In this context, HE Dr. Talal
Abu-Ghazaleh, ASCA chairman, emphasized that this project marks a significant
milestone in the journey of the Libyan Audit Bureau, asserting that it will
positively impact the management and safeguarding of the accomplishments of the
Libyan people.

Dr. Abu-Ghazaleh further
commended the the Bureau’s efforts in enhancing the professional capacities of
its cadres, expressing his gratitude and appreciation for the trust placed in
the Society, reaffirming the Society's readiness to exert all efforts to serve
the Bureau and all Libyan institutions and departments.

Libya Audit Bureau

The Libyan Audit Bureau is Libya's highest
authority for financial oversight and accounting. Functioning as an independent
and impartial professional entity with legal autonomy and financial
accountability, its core objective is to ensure the effective oversight of
public funds and verify their appropriate utilization. This is achieved by
examining and scrutinizing accounts and assessing the performance of all
entities under its supervision.